Imw energy Uruguay

Will Uruguay become a leading country in the development of E-Fuels?

Due to its highly decarbonized energy sector with strong wind and solar capacity, Uruguay is expected to become a leading country in the region in the development of e-fuels, or synthetic fuels that are produced using renewable energy.

Where does Uruguay get its energy from?

Uruguay primarily imports natural gas from Argentina via the Gasoducto Cruz del Sur. As of May 2021, there are no new projects proposed for oil and gas in Uruguay. Uruguay generates nearly half of its electricity from wind and solar, more than any other country in Latin America and the Caribbean.

How much electricity does Uruguay generate from wind & solar?

Uruguay generates nearly half of its electricity from wind and solar, more than any other country in Latin America and the Caribbean. Source: Visual Capitalist: Solar & Wind Power by Country © 2020 The World Bank, Source: Global Solar Atlas 2.0, Solar resource data: Solargis.

What percentage of Uruguay's electricity is renewable?

As of 2020, renewables accounted for 75.8% of Uruguay's electrical capacity, while non-renewable sources made up the remaining 24.2% (down from 29% in 2016).

How much electricity does Uruguay produce?

In 2020, Uruguay produced 13.5 TWh of electricity, with 40% coming from wind energy, 30% from hydro, 20% from biomass, 6% from fossil fuels, and 4% from solar. As of 2020, 100% of the population has access to electricity. The UTE is spending $960 million between 2020-2025 for installing new electrical transmission infrastructure.

What happened to oil in Uruguay?

When severe droughts struck in 1999, 2004, 2006, and again in 2008, the country was forced to import ever larger quantities of oil. In 2005, oil made up 55% of Uruguay’s total energy supply, and residents still experienced blackouts and energy rationing. “In dry years…cost overruns could be as high as $1 billion.